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Is your Finance Team match fit?

Critical to the success of any organisation is a well-functioning and controlled financial structure. The existence of weaknesses in an organisation’s financial processes and procedures and their exploitation, either intentionally or accidentally, will detrimentally impact performance. In turn, this may cause a failure to achieve business strategic goals or even the organisation’s demise. 

There is no need to look far to see that this is true; look at Carillion, who went into compulsory liquidation in 2018 where the added defects in culture and practice magnified inherent weaknesses and had a multiplier effect on finances.